English to German Bus/Financial Insurance

Loss tails vary by product and jurisdiction.
Shipper’s interest cargo is generally short from 1 to 3 years with loss records improving at the end of cycle due to subrogation activity.
Cargo third party (such as logistics / carrier’s liability) loss tails tend to be longer with subrogation going against our clients rather than in their favor.
Hull and Marine Liability loss tails range from medium (2 – 3 years) to long (5 – 7 years).

Es geht um Versicherungen und die "loss tails" sind mir einfach nicht klar.. wer kann helfen? Danke.